The testing program will continue to establish a stabilised flow rate and to gather sufficient data to enable the design of suitable surface equipment to produce at the well on a long-term basis.
Whitebark managing director David Messina said: “The testing on our Wizard Lake Rex well is continuing successfully with the well now flowing uninterrupted for approximately seven days.
“We understand from adjacent fields that a 2-4 week clean-up period can be required to ensure we have collected the appropriate data before discontinuing testing.”
Wizard Lake Rex was spud on November 24 last year and drilling finished on December 2, a total of nine days inclusive.
The well intersected a continuous reservoir section from the casing shoe with predominantly good quality reservoir together with fluorescence and cut oil shows and elevated gas readings.
Following a 27-stage fracture stimulation program, the well began clean-up flows on December 24.
The Rex target at Wizard Lake is the first horizontal well to be drilled in a potentially multi-well program analogous to the offsetting Leduc area.
Recent activity in the area has resulted in highly-commercial wells which in one instance is producing 250-300 barrels of oil per day.
The target zone in the Point Loma joint venture tenements has similar porosity but is thicker than at the Leduc area.
Whitebark is based in Perth with production and exploration assets in Canada and Australia.
The PLJV is an established producer with existing oil and gas processing facilities and pipelines into markets.
Whitebark also holds a 100% interest in the undeveloped Warro Gas Project 200 kilometres north of Perth.